The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Epinephrine by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Epinephrine, The epinephrine market size has grown rapidly in recent years. It will grow from $2.44 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to anaphylaxis incidence, regulatory framework, increased allergies, patient education, improved accessibility.The epinephrine market size is expected to see strong growth in the next few years. It will grow to $3.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
The anticipated increase in healthcare expenditure is expected to drive the expansion of the epinephrine market. Healthcare expenditure, representing the total amount of money spent on healthcare-related goods and services within a healthcare system or economy, plays a crucial role in supporting healthcare infrastructure and stocking essential medications like epinephrine.Greater healthcare spending allows healthcare systems to maintain adequate stocks of epinephrine in hospitals, clinics, and emergency medical services. This, in turn, ensures a broader availability of epinephrine auto-injectors and other delivery methods, making them more accessible to individuals with severe allergies.
For instance, as reported by the Canadian Institute for Health Information in November 2022, healthcare expenditure in Canada rose to 0.8%, amounting to $331 billion in 2022, compared to 7.6% in 2021. The increased financial support for healthcare can contribute to the growth of the epinephrine market by facilitating better accessibility and availability of epinephrine-related products and services.
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The epinephrine market covered in this report is segmented –
1) By Type: Prefilled Syringe, Auto-injector, Ampoules and Vials
2) By Application: Anaphylaxis, Cardiac Arrest, Superficial Bleeding, Respiratory Disorders, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Top Major Players
ALK-Abelló A/S,
Pfizer Inc.,
Teva Pharmaceutical Industries Ltd.,
Mylan NV,
Amneal Pharmaceuticals Inc.
The epinephrine market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Epinephrine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Epinephrine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Epinephrine Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…………..
Table 74: ALK-Abelló A/S Financial Performance
Table 75: Pfizer Inc. Financial Performance
Table 76: Teva Pharmaceutical Industries Ltd. Financial Performance
Table 77: Mylan NV Financial Performance
Table 78: Amneal Pharmaceuticals Inc. Financial Performance
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